Canoo (GOEV) Accounts Payable: $81.02 Mil (As of Sep. 2024)


GOEV Canoo Inc GOEV
23 GF Score
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What is Canoo Accounts Payable?

Canoo GOEV 23 Accounts Payable is $81.02 Mil as of Sep. 2024. GuruFocus rates GOEV with a GF Score™ of 23/100.

Canoo's Accounts Payable for the quarter that ended in Sep. 2024 was $81.02 Mil.

Canoo's quarterly Accounts Payable increased from Mar. 2024 ($67.77 Mil) to Jun. 2024 ($73.63 Mil) and increased from Jun. 2024 ($73.63 Mil) to Sep. 2024 ($81.02 Mil).

Canoo's annual Accounts Payable increased from Dec. 2021 ($52.27 Mil) to Dec. 2022 ($103.19 Mil) but then declined from Dec. 2022 ($103.19 Mil) to Dec. 2023 ($65.31 Mil).

Canoo Accounts Payable Historical Data

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The historical data trend for Canoo's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canoo Accounts Payable Chart

Canoo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable
2.26 17.24 52.27 103.19 65.31

Canoo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.05 65.31 67.77 73.63 81.02
GOEV
23GF Score
Canoo Inc GOEV
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Canoo Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of $81.02 Mil mean?
Canoo (GOEV) has a Accounts Payable of $81.02 Mil as of Sep. 2024. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Canoo and its competitors.
Is Canoo's Accounts Payable too high?
Canoo's current Accounts Payable is $81.02 Mil. Overall, Canoo has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Canoo's Accounts Payable compare to DMN and EVTV?
Canoo's Accounts Payable of $81.02 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Vehicles & Parts company?
A good Accounts Payable depends on the Vehicles & Parts industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Canoo and its competitors. Canoo's current Accounts Payable is $81.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canoo stock overvalued right now?
Canoo (GOEV) has a current Accounts Payable of $81.02 Mil. The current Accounts Payable is $81.02 Mil. Canoo's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Canoo (GOEV), the current Accounts Payable is $81.02 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canoo Business Description

Address 19951 Mariner Avenue, Torrance, CA, USA, 90503
Canoo Inc is a mobility technology company providing with a proprietary modular electric vehicle platform and connected services initially focused on commercial fleet, government and military customers. The Company has developed a breakthrough EV platform that it believes will enable it to rapidly iterate and bring new products, addressing multiple use cases, to market faster than competition and at lower cost.
23GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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